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Is Royal Bank of Canada (RY) a Buy Post Earnings?
Royal Bank of Canada (RY) reported a record net income of $5.8 billion for the quarter ended January 31, 2026, a 13% increase from the prior year, with diluted EPS up 14% to $4.03. Following these strong results, Scotiabank reiterated an “Outperform” rating and raised its price target to C$247, while TD Securities reaffirmed a “Buy” rating. The article suggests that while RY shows growth potential, some AI stocks may offer higher returns and lower downside risk.